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Digital Economy- A New area in a State of Formation

“Digital economy is about transforming the many facets of business interactions and transactions and also enabling economic innovations. For example, the digital
economy both is enabled by and has given rise to the advent of new digital currencies and payment processes, for example Bitcoin and the digital wallets.” ...

Companies (Amendment) Bill 2017 – Simplification of Procedures

The Companies (Amendment) Bill, 2017 first introduced in March 2016 in the Lok Sabha, the Bill seeks to make important changes to the Companies Act of 2013 in relation to the structuring, disclosure, and compliance requirements for companies. The Bill has now been approved by Lok Sabha in July 2017 and is awaited to be passed in Rajya Sabha.
Major amendments proposed in the Companies (Amendment) Bill, 2017- simplification of the private placement process, rationalization of provisions related to loan to directors, omission of provisions relating to forward dealing and insider trading, doing ...

GST – A ROLLOUT PLAN

“GST shall strive to make India a One Tax Nation proving to be biggest reform to check misreporting or non reporting of the transactions in the books of account.
GST would be critical step to redefine the policy mechanism. Basic exemption threshold would be reduced to an annual turnover of INR 20 Lakhs.” ...